Market comment



11 листопада 2014 года
Конкорд Капитал

Investors extended their selloff of Ukrainian stocks in Warsaw for a sixth straight session on Monday, Nov. 10. The WIG Ukraine Index plunged 4.6%, or 18.7% in six sessions, to its lowest level since its December 2010 debut. Its biggest component, grain trader and sunflower oil maker Kernel (KER PW) slid 2.5%, plummeting 12.8% in six straight losing sessions. Sugar maker Astarta (AST PW) collapsed 13.3%, or 26.2% in two sessions, to its lowest price since July 2009 after posting a nine-month net loss on Nov. 7. Industrial Milk (IMC PW) dropped 4.2%, or 7.5% in five straight negative sessions.

In London, the most actively traded Ukrainian stock, iron ore miner and pellet maker Ferrexpo (FXPO LN), fell 2.4%. Europe’s top egg producer, Avangardco (AVGR LI -0.8%), has fallen 5.4% in three straight negative sessions to its lowest price since December 2011. The Ukrainian Exchange (UX) Index of Kyiv-traded stocks decreased 1.7%, or 3.1% in three straight negative sessions. Avdiyivka Coke (AVDK UK -2.1%) has fallen 7.5% in three straight losing sessions.

Источник: Конкорд Капитал

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